MANHASSET STUDENT AID ASSOCIATION

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QUESTIONS

This page contains answers to the most frequently asked questions about MSAA. (click anywhere on the question to receive your answer)

1. How do I make application for a loan from MSAA?
Ask your guidance counselor at school for an application or request one from us at application@msaainc.org. Complete the application and mail it to Manhasset Student Aid Association, P.O. Box 255, Manhasset, NY 11030. That's all there is to it. Good luck!

2. Are loans granted for all four years of college?
Yes, we plan to help students throughout all four years of their college education. They must reapply each year, however, to continuing receiving financial assistance. We maintain a financial reserve to handle this expense.
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3. Is the information I give in my application confidential?
Yes, all information is kept strictly confidential. In fact, very few members of the Board know the names of the loan applicants. In the 33 years we have been granting loans to Manhasset students we have never revealed the name of a single recipient of our aid.

4. How do I pay back my MSAA loan?
Six months after you graduate from college, you will start repaying your interest-free loan at the rate of $100 per month. We will provide you with convenient repayment coupons.

5. What is the difference between MSAA and SCA college aid?
MSAA and SCA are two completely separate organizations, both serving the interests of Manhasset students. SCA is the official parent organization for the Manhasset School District while MSAA serves high school students who live in Manhasset regardless of where they go to school. SCA gives grants each year to MHS seniors while MSAA offers supplemental interest-free college loans for four years.
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6. Can I apply for assistance to both MSAA and SCA?
Yes, and you should! Be sure to apply to SCA first, however, because we must take any aid you receive from them into consideration in determining the amount of the loan we can grant you

7. What colleges have students attended with MSAA loans?
Students receiving aid from MSAA have attended many of the leading colleges in the nation. Click on the "College" link to see a partial list of the 110 colleges attended by our students.

8. Why does MSAA make loans to Manhasset Students?
MSAA was formed 40 years ago in recognition of the fact that there were students in Manhasset who needed supplementary financial support to get into college and stay in college. In the last three decades we have provided more than 300 Manhasset students with over $500,000 in financial aid, thanks to the generosity of the people of Manhasset.

9. I have a different question. How can I get it answered?
You can email us at msaa@msaainc.org, you can phone us at 516-417-7208 or you can write us at MSAA, Box 255, Manhasset, NY 11030.
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